Points takeaway about CADJPY The market trend today is expected to lean toward the sellers. Several factors are contributing to this outlook, with key news events like the Canadian Core Retail Sales data and other related announcements that have the...
The USD/CAD currency pair continued its downward trajectory on Friday, trading near 1.4330 during early European trading hours. This decline followed a day of improved risk sentiment, triggered by comments made by the former US President during his...
Technical analysis of gold Technical analysis of gold on the 4-hour chart shows more upside as we have a target for gold to the resistance level of 2800 before returning to correct downwards. During this week, trading was opened within the...
Piercing line Candlestick Chart Pattern The Piercing Line Candlestick Chart Pattern is a bullish reversal pattern that occurs in technical analysis. It often signals a potential change in market sentiment from bearish to bullish. Here's a detailed...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 1-hour chart shows the strength of the upward trend since the beginning of trading today. The price started trading inside the white triangle, which is the common area...